Am I Responsible If The Insurance Exchange Flubs My Subsidy?

Health InsuranceJanuary 28, 2015Comments Off on Am I Responsible If The Insurance Exchange Flubs My Subsidy?

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If the health exchange gets your subsidy wrong, you’ll be the one who has to sort it out.

ImageZoo/Corbis

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ImageZoo/Corbis

If the health exchange gets your subsidy wrong, you’ll be the one who has to sort it out.

ImageZoo/Corbis

Insurance and the subsidies available to buy it can be confusing. Here are some answers to recent questions from people who are running into difficulties with premiums and tax credits on their marketplace plans.

My 63-year-old husband has Alzheimer’s disease. Our annual income is $41,000, from a combination of his Social Security disability insurance (SSDI) and a disability policy he had from a previous job. Last year I bought a single policy on the health insurance exchange. My husband gets coverage through the Department of Veterans Affairs. The monthly premium was reduced by a $278 tax credit based